Ask an Insurance Actuary: Cannabis is Healthier Than Tobacco

Posted on September 3, 2018 and updated September 3, 2018 in 1 min read

It should not surprise that, a few months before cannabis legalization means marijuana sold openly in stores, life-insurance companies in Canada have finally deduced that marijuana is not nearly as damaging to one’s health as tobacco. For a long time, marijuana smokers could expect to pay the same as cigarette users. This doesn’t mean that every marijuana user will be able to buy cheap insurance — if they buy life insurance at all.